BigMint’s bi-weekly domestic pellet (Fe63%) index remained stable at INR 10,250/t ($119/t) DAP Raipur. Deals for pellets (Fe63%) were concluded by Raipur-based sellers at INR 10,350-10,450/t ($119-120/t) DAP Raipur, while Odisha-based pellets (Fe63%) at INR 9,800-9,900/t ($114-115/t) DAP to Raipur.
BigMint’s billet index witnessed marginal increase of INR 50/t d-o-d today to reach INR 41,850/t exw-Raipur.
Sponge iron prices in India rose by INR 50-200/tonne (t) d-o-d across markets, PDRI prices closed at INR 25,100-28,000/t, while CDRI stood at INR 27,700-32,500/t.
The following sheet summarises confirmed trades/offers of iron and steel products collected by BigMint to help our users keep track of day-to-day trade dynamics.
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